

Audited annual filings, TTM ratios and consensus forward estimates
Wall Street price targets and rating actions
Revenue disaggregation per 10-K filing
SEC EDGAR filings · last 12 months
| Form | Filed | Accepted | Document |
|---|---|---|---|
| 4 | Oct 20, 2026 | 2026-10-20 18:30:07 | View |
| 8-K | Sep 25, 2026 | 2026-09-25 16:37:58 | View |
| 4 | Aug 19, 2026 | 2026-08-19 18:30:06 | View |
| 10-Q | Aug 6, 2026 | 2026-08-06 14:02:12 | View |
| 4 | Aug 4, 2026 | 2026-08-04 18:30:06 | View |
| 8-K | Aug 3, 2026 | 2026-08-03 16:23:13 | View |
| 8-K | Jul 24, 2026 | 2026-07-24 07:31:52 | View |
| 8-K | Jul 23, 2026 | 2026-07-23 16:15:30 | View |
| 424B2 | Jul 16, 2026 | 2026-07-16 16:28:27 | View |
| 8-K | Jul 15, 2026 | 2026-07-15 17:29:52 | View |
Proxy statement (DEF 14A) disclosures
FY2025 · 10-K disclosure
FY2025 · 10-K disclosure
Stock news · updated daily
On October 21, 2026, SBA Communications Corp (SBAC) shares fell 4.2%, closing at $173.41. The stock has been volatile, with a 52-week range of $156.60 to $224.4
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its third quarter results on Monday, November 2, 2026 after market close. SBA will host a conference call on Monday, November 2, 2026 to discuss these results. The call may be accessed as follows: When: Monday, November 2, 2026 at 5:00 PM (EDT) Dial-in Number: 1-202-735-3323 Access Code: 5175064 Conference Name: SBA Third Quarter 2026 Results Replay Available:.
SBA Communications (SBAC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.
Every time someone opens a map app or joins a video call, rent flows to the owners of the antenna carrying that signal.
SBA Communications Corporation (NASDAQ: SBAC - Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as $157.09 and last traded at $157.4790, with a volume of 18076 shares traded. The stock had previously closed at $158.49. Analyst Upgrades and Downgrades SBAC has been the topic of a
Initial planned deployment comprises approximately 11 MW of energized capacity Compute capacity from initial deployment being fully allocated to long-term off-take partners Forum Markets introduces 2027 revenue guidance of $125 Million to $175 Million No equity issued to stand up initial deployment nor required to achieve 2027 revenue guidance Real estate and site equipment have already been purchased; compute capital expenditures are being funded through a combination of customer deposits and equipment financing PALM BEACH, Fla., Oct. 5, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or "the Company"), an innovator in sourcing and operating cash-generating assets in aerospace, AI, and AI-powered consumer finance, today announced its first major investment in artificial intelligence ("AI") infrastructure with the formation of Forum Edge AI LLC, a Delaware limited liability company (the "Joint Venture") on October 2, 2026, a joint venture with Edge Node Inc., a Texas corporation ("Edge Node AI"), to own and operate high-performance inference compute capacity at sites that already have power and permits in place.
SBAC benefits from steady wireless demand and recurring leases, but tenant concentration, churn and high debt weigh on its outlook.
SBA Communications NASDAQ: SBAC sees a cyclical recovery in U.S. tower leasing tied to future spectrum deployment, while also identifying edge computing, Latin American growth and share repurchases as areas of focus, Executive Vice President and Chief Financial Officer Marc Montagner said during an RBC communications infrastructure session.
Reported EPS vs. consensus estimate
| Report date | EPS est. | EPS actual | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | 1.85 | 1.87 | Beat 1.1% | $715.3M |
| Apr 29, 2026 | 1.78 | 1.74 | Miss -2.2% | $703.4M |
| Feb 26, 2026 | 3.89 | 3.47 | Miss -10.8% | $719.6M |
| Nov 3, 2025 | 3.04 | 3.32 | Beat 9.2% | $732.3M |
| Aug 4, 2025 | 3.12 | 2.09 | Miss -33.0% | $699.0M |
| Apr 28, 2025 | 3.12 | 1.77 | Miss -43.3% | $664.2M |
Current price $184.75
Latest analyst grade actions
| Date | Firm | Action | Previous | New grade |
|---|---|---|---|---|
| Oct 20, 26 |
| Bernstein |
| maintain |
| Market Perform |
| Market Perform |
| Sep 30, 26 | Barclays | maintain | Overweight | Overweight |
| Sep 21, 26 | Morgan Stanley | maintain | Equal Weight | Equal Weight |
| Aug 20, 26 | Barclays | maintain | Overweight | Overweight |
| Aug 5, 26 | Truist Securities | maintain | Buy | Buy |
| Aug 4, 26 | Morgan Stanley | maintain | Equal Weight | Equal Weight |
| Aug 4, 26 | JP Morgan | maintain | Neutral | Neutral |
| Jul 17, 26 | Wells Fargo | upgrade | Equal Weight | Overweight |
| Jul 10, 26 | RBC Capital | maintain | Outperform | Outperform |
1255 daily bars · split adjusted
Daily · Wilder smoothing
Classic floor pivots from 2026-10-23
Computed from daily OHLCV bars
| Indicator | Value | Type | Action |
|---|---|---|---|
| RSI (14) | 57.72 | Oscillator | Neutral |
| Stochastic %K (14, 3, 3) | 62.47 | Oscillator | Neutral |
| Williams %R (14) | -34.77 | Oscillator | Neutral |
| MACD (12, 26, 9) | 1.60 (Hist 1.06) | Oscillator | Strong Buy |
| Average Directional Index (14) | 27.26 (+DI 37.7 / -DI 17.2) | Trend | Strong Buy |
| EMA 20 | 177.83 | MA | Strong Buy |
| SMA 20 | 173.77 | MA | Strong Buy |
| EMA 50 | 178.80 | MA | Strong Buy |
| SMA 50 | 179.11 | MA | Strong Buy |
| SMA 200 | 190.31 | MA | Sell |
Free float vs. closely held shares
13F institutional holdings are not available in the current data plan.
SEC Form 4 filings
| Date | Insider | Role | Type | Shares @ price | Value |
|---|---|---|---|---|---|
| Oct 17, 26 | Montagner Marc | officer: EVP - CHIEF FINANCIAL OFFICER | M-Exempt | 1,588 | — |
| Oct 17, 26 | Montagner Marc | officer: EVP - CHIEF FINANCIAL OFFICER | F-InKind | 625 @ $187.06 | $116.9K |
| Oct 17, 26 | Montagner Marc | officer: EVP - CHIEF FINANCIAL OFFICER | M-Exempt | 1,588 | — |
| Aug 17, 26 | Krouse George R Jr | director | S-Sale | 300 @ $182.67 | $54.80K |
| Aug 1, 26 | Day Donald | officer: EVP - SITE LEASING | M-Exempt | 457 | — |
| Aug 1, 26 | Day Donald | officer: EVP - SITE LEASING | F-InKind | 171 @ $180.98 | $30.89K |
| Aug 1, 26 | Day Donald | officer: EVP - SITE LEASING | M-Exempt | 457 | — |
| May 22, 26 | Bernstein Steven E | director | A-Award | 1,108 | — |
Annual filings (FY) with consensus forward estimates (hatched)
TTM vs. 5-year historical average (annual ratios)
| Metric | SBAC | Historical (5Y) / ref | Status |
|---|---|---|---|
| P/E ratio (TTM) | 19.8x | 69.7x · sector 35.5x | Discount |
| Forward P/E (FY26E) | 24.0x | EPS est. 7.71 | Elevated |
| Price / Book | -4.2x | -5.6x | Discount |
| Price / Sales | 6.8x | 11.2x | Discount |
| EV / EBITDA | 17.1x | 25.4x | Discount |
| Return on equity | -20.7% | — | Weak |
| Gross margin | 63.9% | 68.9% | In line |
| Debt / Equity | -3.28 | -2.93 | Conservative |
| Piotroski / Altman Z | 7/9 | Z 0.22 | Distress |
Discounted cash flow model